WEBVTT 00:00:00.125 --> 00:00:05.130 - This might be a golden moment for CMOs who are curious. 00:00:05.547 --> 00:00:07.966 - While in Cannes, we talked about 00:00:07.966 --> 00:00:11.803 the number of CMOs that became CEOs 00:00:11.803 --> 00:00:16.391 and we can probably count them on maybe two hands. 00:00:16.391 --> 00:00:20.478 Why do you think there's such a gap in terms of CMOs 00:00:20.478 --> 00:00:25.066 wanting to be CEOs or being able to get there? 00:00:25.066 --> 00:00:27.777 - So I think it starts with desire and intentionality 00:00:27.777 --> 00:00:30.405 that this is a path you want to take, 00:00:30.405 --> 00:00:34.117 because it's a path that requires operational rigor. 00:00:34.117 --> 00:00:37.662 It requires being the person who, 00:00:37.662 --> 00:00:41.374 everything rolls uphill when you're a CEO, not downhill. 00:00:41.374 --> 00:00:43.209 I think a couple other things need to be true. 00:00:43.209 --> 00:00:47.964 I think you want to either have had experience 00:00:47.964 --> 00:00:50.467 pivoting through your role, 00:00:50.467 --> 00:00:53.803 whether that's business transformation through your company, 00:00:53.803 --> 00:00:54.971 whether it's transformation 00:00:54.971 --> 00:00:56.347 through the products you're leading. 00:00:56.347 --> 00:01:00.185 I think those things are huge added advantages. 00:01:00.185 --> 00:01:03.063 And then I think it's 00:01:03.063 --> 00:01:07.358 having the ability to lead through good times 00:01:07.358 --> 00:01:08.318 and through tough times, 00:01:08.318 --> 00:01:11.362 because Lord knows there are both of those, 00:01:11.362 --> 00:01:14.407 and we probably are in some choppy waters right now. 00:01:14.407 --> 00:01:15.658 - Let's talk about that. 00:01:15.658 --> 00:01:19.287 Almost all CEOs are in transformation mode right now, 00:01:19.287 --> 00:01:23.416 which means whoever is at the helm 00:01:23.416 --> 00:01:27.629 is A, trying to navigate the fog of war, 00:01:27.629 --> 00:01:31.341 and B, has to be bringing in unique thinking. 00:01:31.341 --> 00:01:33.885 Does this present more of an opportunity 00:01:33.885 --> 00:01:35.970 for the CMOs that want to be CEOs? 00:01:35.970 --> 00:01:37.138 - I actually think it does. 00:01:37.138 --> 00:01:41.684 I think in some ways this might be a golden moment 00:01:41.684 --> 00:01:44.229 for CMOs who are curious, 00:01:44.229 --> 00:01:47.857 which is a trait that I think runs through many, many CMOs. 00:01:47.857 --> 00:01:51.194 I think it's a time for people who know how to pivot 00:01:51.194 --> 00:01:55.240 and navigate and understand the external stakeholder world 00:01:55.240 --> 00:01:58.076 as well as how to influence change inside, 00:01:58.076 --> 00:02:00.370 so I think change 00:02:00.370 --> 00:02:04.207 might make for a bit of an aperture opening 00:02:04.207 --> 00:02:07.001 that we haven't seen in quite some time. 00:02:07.001 --> 00:02:12.006 - So as a CEO, what was the biggest surprise to you 00:02:12.215 --> 00:02:14.175 when you got into the hot seat? 00:02:14.175 --> 00:02:15.885 - You have to find people 00:02:15.885 --> 00:02:18.513 where you can release a little bit of this because, 00:02:18.513 --> 00:02:21.141 as you and I talked about, the job can be lonely. 00:02:21.141 --> 00:02:23.184 I was a first-time CEO. 00:02:23.184 --> 00:02:25.145 There are things you're prepared for 00:02:25.145 --> 00:02:26.604 and there's so many things you're not, 00:02:26.604 --> 00:02:28.189 and the things you're not prepared for 00:02:28.189 --> 00:02:30.775 might be small things, but the small things can get you 00:02:30.775 --> 00:02:32.652 just like the big things can. 00:02:32.652 --> 00:02:35.405 - Thank you so much. - Thank you, Sarah. 00:02:35.405 --> 00:02:37.991 (gentle music)